Lenzing Opens China Office, Launches Microfiber Lyocell®

Austria-based Lenzing AG recently opened a new office in Shanghai, Lenzing Fiber Shanghai, to
handle sales tasks and expand Lenzing’s presence in China. “The sale of special fibers has recently
undergone a very positive development, inciting us to open the office in Shanghai,” said Thomas
Fahnemann, chairman. “With this foothold in the Chinese market, we aim to increase our annual
export volume.”

In other company news, Lenzing has introduced a microfiber version of its Lyocell® fiber.
Produced using Lenzing’s Low Fibrillation technology, the fiber was developed for the lingerie

May 2004